Author’s note: The recent operations against Iranian terror leader Major General Qassim Suleimani and key financier Abdul Reza Shahlai are a reminder of the terror risks to financial institutions and the need for effective counter-terrorist financing (CTF) investigations. The below article describes an ongoing...

There are two reasons why anti-money laundering (AML) and counter-terrorist financing (CTF) professionals should review the Kassim Tajideen case. First, there are a limited number of examples of complex terrorist financing, and second, terrorist financing strategies often incorporate money laundering techniques. On August 8,...

Twelve years after the Financial Action Task Force’s first advisory report,1 trade-based money laundering (TBML) remains the most sophisticated method to launder illicit funds and move “value” within/across country borders, in the guise of legitimate trade transactions. Hundreds of billions of dollars are laundered via...